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Corporate Sustainability Reporting Directive

La CSRD étend le reporting obligatoire de durabilité aux grandes entreprises et aux PME cotées. Les rapports doivent suivre les European Sustainability Reporting Standards et couvrir les sujets environnementaux, sociaux et de gouvernance avec assurance externe.

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What does CSRD require and when does it apply?

CSRD applies to Large Companies (250+ employees or €40M+ revenue) and Listed SMEs organisations across all EU member states. The key deadline is Phased: large PIEs from FY2024; other large undertakings from FY2025 (Omnibus deferral may apply); listed SMEs from FY2026 (Omnibus deferral likely — verify current dates). Non-compliance carries a maximum penalty of Per member state (audit-based enforcement). Core obligations include report against esrs environmental standards and disclose social and workforce data.

  • Report against ESRS environmental standards
  • Disclose social and workforce data
  • Report governance and anti-corruption
  • Obtain third-party assurance on reports
  • Report on value chain impacts (phased)
DeadlinePhased: large PIEs from FY2024; other large undertakings from FY2025 (Omnibus deferral may apply); listed SMEs from FY2026 (Omnibus deferral likely — verify current dates)
Max finePer member state (audit-based enforcement)
Primary sectorsLarge Companies (250+ employees or €40M+ revenue), Listed SMEs, Financial Services
TL;DR

CSRD: Per member state (audit-based enforcement) max fine

CSRD applies to Large Companies (250+ employees or €40M+ revenue) and Listed SMEs organisations in all EU member states. Key deadline: Phased: large PIEs from FY2024; other large undertakings from FY2025 (Omnibus deferral may apply); listed SMEs from FY2026 (Omnibus deferral likely — verify current dates).

Source: Official Journal of the European Union — Corporate Sustainability Reporting Directive

Who does CSRD apply to?

Elle concerne les grandes entreprises, certaines PME cotées et d'autres groupes progressivement selon les seuils européens et nationaux.

  • Reporter selon les normes ESRS
  • Publier les données environnementales, sociales et de gouvernance
  • Préparer l'assurance ou la revue externe
  • Cartographier progressivement les impacts de la chaîne de valeur

What are the penalties for CSRD non-compliance?

L'application et les sanctions sont nationales, souvent via les mécanismes de reporting, d'audit et de droit des sociétés.

Maximum finePenalties set by national law; reporting non-compliance may trigger statutory audit qualifications and securities-regulator action

When does CSRD apply?

L'application est progressive : grandes entreprises à partir de l'exercice 2024, PME cotées plus tard à partir de l'exercice 2026.

  • 2023-01-05 — Entry into force
  • 2024-01-01 — First reporting year (FY2024) for large public-interest entities (NFRD predecessors)
  • 2025-01-01 — First reporting year for other large undertakings (subject to Omnibus 2-year deferral)
  • 2026-01-01 — First reporting year for listed SMEs (LSME standard) — subject to Omnibus 2-year deferral
  • 2028-01-01 — First reporting year for certain non-EU groups
FY2024

Première phase de reporting pour les grandes entreprises dans le cadre de la CSRD.

Directive (UE) 2022/2464 — EUR-Lex

Deadline

Phased: large PIEs from FY2024; other large undertakings from FY2025 (Omnibus deferral may apply); listed SMEs from FY2026 (Omnibus deferral likely — verify current dates)

Max Fine

Per member state (audit-based enforcement)

Sectors Affected

Large Companies (250+ employees or €40M+ revenue), Listed SMEs, Financial Services

FY2024

Première phase de reporting pour les grandes entreprises dans le cadre de la CSRD.

Directive (UE) 2022/2464 — EUR-Lex

Key regulatory facts: Corporate Sustainability Reporting Directive
Official nameDirective (EU) 2022/2464 of the European Parliament and of the Council as regards corporate sustainability reporting
Reg. No.(EU) 2022/2464
CELEX32022L2464
Typedirective
In force2023-01-05
Applies from2024-01-01
Transposition2024-07-06
Max finePenalties set by national law; reporting non-compliance may trigger statutory audit qualifications and securities-regulator action
Authorities
National competent authorities (securities regulators for listed undertakings) (member-state)
ESMA — coordinating role for listed companies (EU)
EFRAG — sets the ESRS standards (EU)
Source(EU) 2022/2464 — EUR-Lex Official Journal

How do I comply with CSRD?

  • Report against ESRS environmental standards
  • Disclose social and workforce data
  • Report governance and anti-corruption
  • Obtain third-party assurance on reports
  • Report on value chain impacts (phased)

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For informational purposes only. This is not legal advice — consult qualified legal counsel.

Last verified: · Source: EUR-Lex 32022L2464 · Editorial policy